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Myanmar is a country rich in jade and gems, oil, natural gas and other mineral resources. In 2013, its GDP (nominal) stood at US$56.7 billion and its GDP ( PPP ) at US$221.5 billion. [ 1 ] The income gap in Myanmar is among the widest in the world, as a large proportion of the economy is controlled by supporters of the former military government.
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included).
The conglomerate is involved in various business sectors in Myanmar, ranging from trading and automobiles to insurance and microfinance. Young Investment Group (YIG) operates in various business sectors in Myanmar. They have established themselves as a prominent player in these industries, contributing to the country's economic development.
The world risks a "great fracture" of its economic and financial systems, U.N. Secretary-General António Guterres said on Thursday at a summit with Southeast Asia's ASEAN bloc, China, the United ...
In 2016, uab bank and Asian Development Bank signed a trade finance agreement to support businesses in Myanmar. [9] In 2017, uab bank launched Visa-branded credit cards in Myanmar to cater to the demand for electronic payments in the country. [10] uab bank and Global Star Co. Ltd. partnered with Huawei to distribute solar energy products in ...
Michael Moe Myint (Burmese: မိုးမြင့်) is a Burmese business tycoon, who founded and runs 2 major companies in the country's petroleum industry, Myint & Associates, a service provider and MPRL E&P, a gas extraction company.
This is the list of banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. [ 1 ]
During the 2018 ASEAN summit, State Counsellor Aung San Suu Kyi called on businesses to invest in Myanmar. She delivered a keynote speech, inviting foreign entities to invest in the country’s priority sectors (including agriculture, food processing, fisheries, export promotion, import substitution, energy, logistics, education, healthcare and construction), saying that investing in Myanmar ...